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in india and china that all investors need to be aware of is the fact that corporate debt is now really building up to almost unhealthy levels. and i would keep an eye on where corporate debt levels are in companies investing in. >> when i was a corporate analyst in india tracking markets, technology was considered the engine of growth for the country and one of the bright spots for the market. is technology still one of the areas you are tell clients to invest in in india, or what are the sectors you're looking at? >> i think there's two sectors whether you look at india, china, or asia. there's two sectors we like. it's technology, as you said. i think that's one that -- it's a bright gem. you know, it went from, in india, from a bpo outsourcing business and has grown to an innovation business where brands are being developed and real technological gains are being had. the other sector we like is health care. the demand for health care in these markets is just continuing to grow steadily. obviously people are having longer lives, having more disposable income for health care and treat
owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern ca
with china deteriorated. his government nationalized the senkaku islands in the east china sea. japan controls the territory. china and taiwan claim it. chinese ships enter japanese waters near the islands and chinese alleged anti-japan demonstrations. noda's key domestic policy issue was fiscal reform. he staked his career on hiking the consumption tax and reforming social security to chip away at japan's rising debt. the opposition liberal democrats and their allies helped him pass a package of bills after he promised to call a general election soon. but then noda added conditions. he wanted to enact legislation allowing the government to issue bonds defined as the current fiscal year's budget and he wanted to reform the electoral system. >> translator: if you agree to this condition i'm ready to dissolve the lower house on november 16th. please give your word to the people. >> reporter: that's what opposition leaders did. setting the stage for the election. >> prime minister noda is facing the biggest fight of his political life. nhk's latest opinion poll suggests kobe in trouble.
in china that that without any warning it shatters. this is in shanghai. it's very popular at the mall here. it's got turtles and sharks and 33 tons of glass and water all over the place. amazingly nobody was killed but 16 were hurt. tell us a little bit about why you suppose this happened. does this have anything to do with temperature or how do people explain it? >> i'll never look at an aquarium the same again. this was a ten-inch piece of plate glass that exploded literally. people said there was a crack. all of a sudden after the crash the water rushed out and it sounded like an explosion. what investigators now believe happened here is the tank had very warm water in it. the outside temperature, although this is in a mall, this was the outside-facing glass. you can see there are trees there. this was in the cold part of the mall, kind of the outside exposure. temperatures got down into the 20s. not like i had never gotten into the 20s before but this here with the warm on the one side, the water, the cold on the other side, they believe a fault in the glass, a scratch, obviously somet
to end the civil war in syria. now, remember, both russia and china have blocked u.n. attempts to force out the assad regime. now the russians say they are willing to meet with the syrian opposition. it could open the door for real u.n. action on the ground, action that could mean american involvement. we've got more details in a live report in just a minute. >>> but also, russia's president formally saying no to americans who want to adopt russian children. it is a heartbreaking development for hundreds of americans who are trying to adopt children from russian orphana orphanages. that is happening right now. president vladimir putin signed the adoption ban today. sadly, more than 50 americans who were in the final stages of adopting russian children, they are not going to be able to. and while those families certainly hoping that they're going to allow these adoptions to go through, the country's child rights commissioner says that those kids are going to stay in russia. so why are the russians doing this? the ban is considered a payback of sorts for an american law that was passed tw
.s. military has four global hawks stationed in guam. it's been urging japan to buy drones citing china's growing presence in regional waters. >>> north koreans celebrate the birthdays of kim jong un's father and grandfather but the young leader's special day hasn't been declared a national holiday. kim was reportedly born on january 8th. a recent 2013 calendar shows the date with simple black characters, but the birth dates of north korea's founder kim il sung and his son kim jong-il appear in large red letters indicating national holidays. experts say kim jong un's birthday isn't being recognized yet. they cite his young age and lack of experience as the country's leader. >>> people in bethlehem celebrated the birth of jesus christ in tanl christmas mass. the service was held at the church of the navitity in the palestinian city. tourists are flocking there. but palestinians are being left out in the cold. nhk world has more. >> reporter: the streets now littered with christmas lights. this is the church of the nativity, the birthplace of jesus christ. this christmas time there are ma
. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united states. >> the next. more than just about obama and romney. it was about socialism and capitali capitalism, about what kind of role government should have in your life. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bothe
. >>> and the world's longest high-speed rail line is now open for business in china. the first trip was this morning as passengers boarded a train in bay bridge. the line is 1,428 miles long ending in the southern city of [ non-english language ] the city takes 8 hours compared with the more than 20 hours for the previous system >>> some encouraging news on child obesity. the problem appears to be easing among small children in poor families. the centers for disease control followed 27 million children between the ages of 2 and 4 from 1998 to 2010 and the rate of obesity decreased from 15 to in3 to 14.9%. extreme obesity went down by 2%. >>> a new study suggests there may be a genetic component to how children feel pain. researchers at geneva university in switzerland analyzed the dna of 168 kids recovering from major surgery. well, the young patients with a certain gene variant felt more pain. >>> a warning this morning about a popular cosmetic medicine. the food and drug administration is warning hundreds of medical practices that botox they have could be bad. cbs reporter amber lee explains how
it, merry christmas. well, energy guzzler, china's coal imports are almost up 35% since this time last year. the international energy agency warns that coal is on track to be the world's chief energy source by 2017 mainly because of china. what's an environmentalist to do about all this of. we asked bob deans of the natural resources defense council at the top of the hour. stay tuned. and let's go back to nicole for a check on microsoft right now. of course that's stuart's favorite stock. what's it doing? >> that's right, he always discloses that he owns some shares. well, if he were to be watching right this moment he'd be disappointed because the stock here is down nearly 1%. the biggest loser in the dow jones industrials and the experts have been watching the shopping this holiday season, are not seeing the shoppers really buying windows 8, the latest microsoft software and saying while the parking lots have been full in the malls and such and apple store is bustling and people are leaving with packages, while people are intrigued with microsoft 8 they're not really getting in
hitting four members of a family from china and then leaving the scene. one of the victims later died at the hospital. >> gina and the entire eunice family is chronically destroyed by what happened and i think it's fair to say that their main concern is for the yao family. >> bail is set at $2 million. she will be back in court on new year's eve this monday. her lawyer says she was about to graduate from college with hopes of becoming a police officer. >>> a terrible stench was the first claw that somebody was dead in a vallejo neighborhood. two people are under arrest in connection with a body found in the backyard of a home on warren avenue. the body of 56-year-old richmond romer of alameda was badly decomposed. he has been dead for two years. romer's 22-year-old son joseph romer is accused of hiding his father's body in relative's backyard. the body was found earlier this month. >> my sister had walked over there and got about to where the red car is and she is like, wow. i mean, she could smell it from that far off. so that's a good 40, 50 feet away that she could smell it. >> the
some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spe
with governor romney and the china bashing or on iran. where do you think the wents went down? >> i don't think they're wrong on iran. i happen to believe we can't let iran acquire a nuclear weapon. we can talk about that later. i don't think it was substantively right to talk about december igniting china as a currency man in later on the first day in office. that's not going to solve the problem. that's not going to cure our trade sef sit with china. we need to save more in this country and we deed to get a handle on this great big debt bomb that we've got out there if you want to soothe that problem. ronald reagan didn't get into any war. we had a police action in eight years. that was it. yeah, you've got to be strong, maintain a strong national defense, fight against budget cuts and so forth, but unless there's a very large national interest involved sometimes it's very counterproductive to engage in these overseas events. that would be the worst thing in the world we could do in my opinion. we should support the syrian opposition politically, diplomatically, economically, but not militari
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the new chain. burger king has similar joint ventures in russia, brazil, south africa and china. >> more than 14,000 dock workers on the east coast and the gulf are threatening to go on strike on sunday. brian takes a look at the impact it could have on the economy. >> they move everything from our clothes to toys and electronics through the ports and into the marketplace but a lot of the goods won't be making it to our stores in longshoreman at more than a dozen ports from main to texas go on strike. that's what could happen by sunday if a deal can't be reached between the major shipping companies and a union representing nearly 15,000 longshoremen. >> the impact would be great. obviously on the dollar value side. on the cargo handling side but also on the job side because again these sports are major economic generators. >> richard of the maryland port administrator and others say the economic damage from a strike would reach well beyond the docks. >> your mom and pop retailer to your farmer to the trucking company that has to pick up the container atmosphere the port. so not just at t
deficit to china being $29.8 billion per month. that is just one country. you start to add up all the trade deficit that we have with all of these different trading partners over the years, i am sure that it is close to about $1 trillion per year. >> thank you for the comments. let's go to sarasota next. caller: good afternoon. the way that i look at it, as a 74-year-old professional pharmacist with a minor in economics, the reason i am independent is because republicans and democrats cannot seem to get it together. the biggest problem that we have now is the reason why we cannot do what we are supposed to do for the entire country. one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job
twin peaks after allegedly hitting four members of a family from china and then leaving the scene. one of the victims ended up dying at the hospital. eunice is expected to enter a plea in court next week. >> hoping to become a police officer, studying criminal justice. >> we are very concerned about the use of alcohol and driving and especially during the holiday season, when there's so many people who are attending parties. >> her lawyer says eunice was about to graduate from college and wanted to be a police officer. now she is in jail with bail set at $2 million. >>> 6:03. how about a check of traffic and weather. and she does it all here at kpix. >> i want to show you our new cameras. it's cool stuff. you can see this gorgeous view of the bay bridge. yeah, it is pretty much clear for the most part. we have some areas of patchy valley fog but look at that. isn't that a gorgeous shot? you can see the embarcadero in san francisco. so it is a little cool outside even though we have a nice dry break coming throughout the day today. once again no need for any umbrellas. but a jacket prob
.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politi
cubrian, recuerdo que en china hubo 300 mil muertos y nos enteramos un siglo después . >> es bueno tener una voz experta, bush padre está en terapia intensiva en houston, dijo que conversa con los médicos y éstos son optimistas, el portavoz dijo que se trató una tos bronquial, por lo que fue hospitalizado, el perdiodico desata polémica donde se puede consultar en un mapa el nombre con dirección las personas que tienen permiso para armas, según el diario 44 mil personas tienen licencia de armas, en esas cifras no se incluyen residentes, que tienen licencais para tener armas de fuego pues autoridades del sector no entregaron la información, algunos policías que asistieron a la llamada de emergencai sobre la masacre de connecticut están traumatizados por ellos, varias instituciones donde ocurrió la tragedia buscan ayuda con la aseguradora para brindaar atención profvesional, también piden que modifiquen la ley estatal por beneficios por compensacion y se peuda exctender a testigos por impacto emocional . >> el polémico alguacil en arizona está de nuevo pidiendo a una juez fe
room. >>> it's been three days since the iphone has gone on sale in china. china is a significant market for apple, it accounts for 15% of the company's revenue or about $24 billion during the last fiscal year. >>> a traffic stop in kansas city leads to the discovery of pipe bombs and fireworks right inside a truck bed. police stopped a tow truck driver on suspicion of drunk driving and after taking a closer look at the truck, they say they found homemade fireworks and pipe bombs. in order to safely detonate those devices they had to shut down a near by greyhound station. >>> coming up a live report from newtown connecticut, plus raiders fans show team pride in support for those lost in friday's shooting. >>> it is a defining moment for our town but it does not define us. we are newtown a special and caring place. >>> a the memorial continues to grow in newtown a city leader says her connecticut town is defined by acts of courage and by continuing commitment to its children. 20 young lives were lost on friday. all of them six or 7 years old. and at a vigil tonight at newtown, pre
to china and get the cheapest labor possible. now you have workers in the united states saying this is what we need. if you look at the dock workers, dock workers in the 1960's, about 35, 40,000. now down to 4,000. only 10%. why? because of automation your previous guest was talk. >> 64,000 for the longshoreman's union. but haven't unions priced themself out of market? they made themself obsolete. you pointed out, if you don't want to do business here, go to china. >> here's the deal, you have to import goods in the united states. what they've done is through automation, they have less and less dock workers. what the dock workers got as a concession was you have to give us a royalty on shipments given you're using automation. no you have owners of dock yards saying no, we're going to take that away or freeze it for people who come later. >> but why do you want to freeze business? why stick business in the mud right now so we can't progress? i'll give you a personal example. i was a floor trader, a human being on a trading floor. guess what happened? they figured out machines could do it bet
. that is something surprising at this point. >> in china they have no ideology. 75 members of the communist national people's congress are billionaires now. >> i also learned that you like me do nothing on new year's eve. >> not nothing, you just don't do it with strangers. >> i'm happy to make it. absolutely. but here's something for you. you are watching "morning joe." here's what happens. right now it's time for that. take it away. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke rus
to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax rates. some have urged congressman tom price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated sena
pickpocket. >>> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china party chief boojili was getting rid of crime and corruption till this summer when a court convicted his wife of murdering a british business man and the government accused him of trying to hinder the investigation as well as taking bribes and abusing his power. now he's been kicked out of the communist party. leaders voted to expel him in november number three, a service becomes not so secret. the role of protecting the president when he trabs abroad has moments of glamour and excitement. that included hookers for some is secret service agents and military personnel visiting cartagena in advance of the president's arrival last april. it won't have bothered colombian authorities since prostitution sgs legal there. local police only got involved because of a hotel altercation between a woman and a secret service agent over the payment. number two, it's been called the building that never sleeps but the bbc's london headquarters says it was completely unaware of the
year old yuee y ao who was visiting her new grandchild from china. the judge sat at unisys bail at $2 million. if she posted she must wear a scram device to make sure she does not drink and she is not allowed to drive. she will be back for our arraignment on december 31st. approval ratings for president obama and his cabinet i mixed. a new poll shows 52 percent of people surveyed approve of the president's performance while 43 percent disapprove. vice-president joe biden number is wet and art but in line with the president. 54 percent approved is the performance of 40 percent do not. presley michelle about has a 73 percent approval rating. >> and delta also the majority of americans support stricter gun laws but mostly against banning assault weapons. 58 percent of americans now say they support stricter gun laws and that is up from 43% in october 2011. the american public is split on enforcing existing gun laws instead of passing new ones 46% of the public wants and forced her loss of 47 once new legislation. education officials and officials at santa cruz city schools are expected t
? the chinese and russians don't help us on sanctions. they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it on a
a 56 rolled woman who was here visiting her branch out from china. >> the judge set bail at $2 million. if she postage it must wear a scram device that checks to make sure she does not drink alcohol in is not allowed to dry. >> she will be back in court for arraignment on december 31st. >> public safety officials in east palo alto city emergency repairs to the levee that separates dozens of homes from the seventh sn francito creek are holding up. >> the creek overflowed on sunday night cause in mandatory evacuation for seven homes. >> police on was that disappointing uninhabitable. >> water levels in the creek had receded after sunday's overflow. >> all of the rain over christmas shutdown the southbound side of the agreed highway from lincoln avenue to slow oat boulevard. >> expose on is that is a good part of public works is the road floods because drain cannot handle all the water as a visitor a profit storm. >> the storm also brought out a massive tree in the east bay. >> this one fell right on the footsteps of the delta chi fraternity house on channing way in berkeley. >> the ninth
or the executive branch can nullify a statute passed by congress. >>> no secret china is coming on strong as a global power. but a new u.s. intelligence report predicts how far and fast china will move. >> the national intelligence council says by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a brig
morning to you. >> good morning to you, terrell. >>> strong growth in china fueled markets there. the shanghai composite index gained more than 1.5% while hong kong's hang seng lost a fraction and tokyo's nikkei was closed for the holiday. >>> it will be another short week on wall street because of new year's and promises to be another volatile week especially if no deal is reached on the fiscal cliff. on friday the dow dropped 158 points while the nasdaq fell 25 points. >>> ford motor's had another banner year. the automaker says they sold 2.2 million vehicles here in the u.s. in 2012. that's up from 2.1 million last year. the ford focus is their most popular model. this is the second year in a row ford has topped 2 million in sales, the only u.s. company to do that. >>> there may not be many happy returns this year, especially if you don't have your receipt. the national retail federation says $63 billion worth of presents will be taken back to stores, but receipted could be vital because many stores are tightening rules on refunds and exchanges. >>> and hollywood had a record-
assad. >>> in china, the bigger they are, the harder they fall. an office building tumbled into a pile of rubble this week, marking the end for the high-rises workspace for a chinese airline. it took 9,000 detonators and explosives to bring down that concrete giant. >>> officials in newtown, connecticut, have a message for well-wishers in the wake of the december school shooting that claimed 26 lives, please stop sending gifts. they say they are overwhelmed with all the stuffed animals and toys. >>> meanwhile, newtown officials say they have a plan for the flowers and gifts left at roadside tributes. nbc connecticut reporter george coley has that story. >> reporter: if the outpouring of support for residents of newtown could be measured by makeshift memorials throughout the community, it is over flowing. john and his son from pennsylvania stopped to drop off flowers on the way to visiting family in massachusetts. >> we wanted to pay tribute to all of the children, the teachers who lost their lives, you know, in this great tragic event. >> reporter: now the town is making preparations f
china will go grow as fast. then you have the united states uncertainty. suddenly they pull back. and then they don't know the personal tax grow, and they pull back. so what i try to talk more about is what our clients see than what we see. because what i think we add value, we see 30,000 market companies in the country and by hearing from them, we can help arctic could you what the what they're seeing and how they're behaving. >> that is one of his huge concerns that at this point, it's too late to save anything with 2013 blaurly for small businesses and their plans in terms of hiring. for 2014, you could be tinkering with that at that point if this pushes in to 2013. and take's that's the biggest t took away. we're really threatening 2014, too. >> i haven't heard so much that about the fiscal cliff. >> it was not just the fiscal cliff, it was time after time, the start of the debt ceiling talks and then they get pushed off, these are temporary fixes and it keeps coming. >> i guess one of the things that we kind of focus on is what happens after the fiscal cliff. because that ju
's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon nelson mandela has been discharged from a south africa hospital. 94-year-old former president will continue treatment at his home. he was hospitalized with a lung infection on december 8th. one week later, he had surgery to remove gallstones. i'm sure everyone's pleased to hear that he's doing well. >> thanks so much for that, lisa. >>> in the wake of the connecticut school shooting, the nr after the wants to put armed volunteers in every american school. the proposal facing heavy criticism. the man in charge is here to defend it. plus how the host of nbc's "meet the press" may have broken washington, d.c. gun laws. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road
. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annual gain in more than two years. alison kosik joins us from the new york stock exchange. tell us more. >> this is a bigger gain than analysts were expecting. home prices in 20 of the biggest cities in the u.s. went up by 4.3% in october compared to october of last year and as you said it is the biggest increase in more than two years. prices also they've gone up for five months in a row so that's more good news as well as far as the momentum goes. this jives with a lot of the other housing reports that have come in on the positive side talking about home sales, home building, builder confidence, all of those are showing this upward momentum, so yeah, housing is definitely in recovery mode, and it's really helping to boost the entire economy. in fact we saw that with third quarte
taken offline. >>> video from shanghai china shows a giant shark tank at a shopping mall -- wow -- suddenly shatters spectators swept away as the water spills out. 16 people were hurt there, some were cut by the flying glass. three sharks were killed in the incident. it's believed that glass fell apart because it was too old. >> yikes. >> unbelievable. >> they're going to have to go back and get a new hot pretzel. >> how do you get sharks in a mall? okay. >> i can't answer that question. i hope someone can. >> get into >>> the widow of slain army ranger pat tillman is speaking out in a rare interview. marie tillman tells jeff glor about the private side of her late husband that we never knew and her surprising second chance at love. you're watching "cbs this morning." love. you're watching "cbs this morning." [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ br
old that night. she came here from china to beliefly help her son and wife take care of their 18 month old baby. they wasn't to twin peaks to show friends the beautiful views of the city and instead -- >> this tragedy just happened because of the period -- [indiscernible] -- took my mom from me. >> he spent christmas cleaning out his mother's room and planning how to return her body to china for a proper burial. the sadness he feels is not something he wants any other family to suffer through so he has a message for anyone thinking of drinking and getting behind the wheel. >> think about the consequences. my family -- i had a perfect family. i perfect mom and now everything is gone. >> police did catch the driver of the car. 23 year old seen in this video here. she now faces several felony counts including vehicular manslaughter while intoxicated. her arraignment is scheduled for tomorrow. >> statewide the chp says more than 1,000 drivers have been arrested on suspicion of driving under the influence since friday. the start of maximum enforcement period. that number is up from last yea
grandchild from china. eunice's attorney tells us. her client is studying to become a police officer. and what she is accused of does not match her character. >> she is someone who is never been in trouble before. portia's 1/4 short of the graduation from college. there are things that their family has gone through the probably has a lot to do with the full picture of how everything happened to the way it did. >> vicki: if she posts it. she must wear a scram device. that checks to make sure she does not drink alcohol. and is not allowed to drive. eunice will be back in court for her arraignment on december 31st. >> new data base of molestation by a boy scouts of america. and employees. where the abuse was reported coming up. >> vicki: then. snow fanatics are heading to the sierras to take snow fanatics are heading to the sierras to take advantage oflook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty second
that house right in the middle of a new highway in china, it seems like the owner had a change of heart. he's now agreed to accept compensation to move out and his former home as you see there, torn down. >> pretty definite. all right, ron. >> thank you, ron. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always loo
right in the middle of a new highway in china, it seems like the owner had a change of heart. he's now agreed to accept compensation to move out and his home, now former home, as you see there, torn down. >> pretty defiant. all right, ron. he's out. >> thank you, ron. we appreciate it. >> you got it. >>> we'll turn now to the fiscal cliff, 30 days from an economy-crippling deadline. where everyone's taxes go up and massive spending cuts kick in. yet, talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. george is with us now. good morning, george. >> last weekend, you sat right here and you said that you were reasonably optimistic that a deal could be afoot. in the intervening week, we have seen a lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, on thursday, the senate republican leader mitch mcconnell laughed when he got the offer from tim geithner. they think it's an offer th
of tragedies. >> there was also a similar incidence in china of someone going in but they didn't have a gun so nobody died. it happened on the exact same day. >> stephanie: if we all go to our regular talking points, we're never going to get anything done. all of those catchphrases, guns don't kill people, all of that stuff, there is something we can do. and i honestly feel like everything's a part of it. mental health, cutbacks that affect mental health. obviously guns. senator feinstein's bill should be the start of what we do. absolutely we should ban assault weapons and the clips and close the loophole at gun shows. >> a woman was calling said her granddaughter's school has bulletproof glass and metal doors. you can't get in. >> stephanie: louis gohmert on cue, we need teachers armed. we need more guns. >> we need 6-year-olds armed. >> stephanie: seriously first grade principals, we need them armed like rambo? >> you know what? i would rather have them be trained to teach children. i don't need them to be trai
if a bomb caused it or an exploding gas cylinder. many run on natural gas. china, a blizzard slamming inner mongol -- mongolia. the storm started yesterday and dumping three feet of snow by this morning. the temperatures are expected to plummet over the next two days. japan, the newly installed prime minister is taking a tour of the fukushima nuclear plant. a massive earthquake devastated the place in 2011. they are considering plans to phase-out the atomic energy altogether over the next several decades. spain, a flower in the face. it is the annual flower fight using eggs and firecrackers and flour. and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's wealthy
a person's family he is okay and bring him news about life in china or if he has moved to the united states or south korea or some such place, news about that country. and then the exiles who have escaped are doing things like setting up radio stations in south korea that broadcast information to north korea. >> they are beginning, north koreans are beginning to be empowered by information and once they are empowered by information the hope is that they will demand more from their regime. >> greta: i got to go. a great book. thank you for joining us. >> thank you. >> greta: it is everywhere. does it make the cut for the best viral video? best viral video? don't forget to post y y y y y this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet
mile radius to prepare to leave. the same volodymyr erup volcand earlier this year. >>> china. a huge fish tank holding sharks burst wide open at a shopping mall. security video capturing the moment the glass broke. saturdays of glass covering some shoppers. local media reporting several people with injuries from cuts to a broken leg. some of those lem on sharks, fish around turtles died. that s a wrap on this fox trip around the world in 80 seconds. >> harris: more on the breaking news at this hour. the death of retired general norman schwarzkopf. his extraordinary life and military career, next. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint
it or an exploding gas cylinder. many run on natural gas. china, a blizzard slamming inner mongol -- mongolia. the storm started yesterday and dumping three feet of snow by this morning. the temperatures are expected to plummet over the next two days. japan, the newly installed prime minister is taking a tour of the fukushima nuclear plant. a massive earthquake devastated the place in 2011. they are considering plans to phase-out the atomic energy altogether over the next several decades. spain, a flower in the face. it is the annual flower fight using eggs and firecrackers and flour. and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's wealthy population. joining
said that there were 970 adoptions last year. china and ethiopia had more. and a little more than 1700 from ethiopia, a big reason americans adopt from other countries is the amount of children available. i will bring in the adoptive parents of a russian child, and was planning to adopt a second child from russia. kurt and ann, sorry i'm emotional right now. >> we understand. >> how far did you go in the adoption process? >> well, for this one, we have been working on it for about a year, and we were waiting for our invitation to travel over to be matched with a child. >> and? >> now, it looks like it's coming to a screeching halt? >> and i said you want your little nugget and you said you want your second one. right? >> yeah, we have one at home, we had such a great experience with our first russian adoption. we were in st. petersburg and the process was about nine months from the start of paperwork and the paperwork is tremendous. it really is. the parents go through a lot, from the fingerprinting to the background checks to local russian requirements, so, it's just a great process.
and the other with bush xliii and we passed nafta on the bipartisan basis and trade relations with china on a bipartisan basis, and i'm sorry, i can't accept this business about how the economy is so terrible and we have to act bipartisan. we have to be where the two parties can talk to each other and where the house leadership say it's my way or the highway and if we get 215 votes on my side, that's just wrong. >> go ahead, david. >> i've dealt with the speaker and that's a fundamental enter prettiation. so when the bills pass, there is a lot of support. at one point the speaker and the were are a whole lot of money to us, but in the grand scheme of things it wasn't. what happened? >> they were all ready to have this dole and the president decided to up the amount of revenue he wanted by 400 million. the speaker was clear about what he could do and not do and at the last minute the president decided to change it. that is not my interpretation. >> what happened is the speaker has left 40 or 50 republicans, tea party, radical right-wing republicans have a veto power over everything, even
cell in china. gerri: regulators didn't see the last crisis. the likelihood is not high. but what more regulators would look at? >> fairly narrow things like the liquidity risk, interest rate risk, different things happening in the financial markets. now, what they are trying to do is look more broadly. for example, what sort of risk management systems these banks have in place? are they planning for the next ceo? are they communicating to the employees what sort of risks they want to undertake? gerri: didn't we see that with jpmorgan chase? they made the big a big bet and lost a ton of dough? >> exactly. you can consider regulators are trying to take a more holistic approach -- pardon me for using outward. gerri: if they only knew how. they are so far away from what really goes on in these prints. it's hard for them to even understand businesses. how likely do you think it is that we will have another bailout? >> i think that obviously when we have the next crisis, certainly the question will be when interest rates go up, what will happen? it also raises the question to your point, is
he is in stable condition. china, a massive fire ripped through six story building eastern province. it took 50 firefighters more than 20 hours to put out the flames. though word what caused the fire. costa rica, scientists on expedition study volcanos and earthquakes using a drill. researchers chose the costa ricaen coast because it's where the earth's crust is thinnest. teams collecting rock samples to could explain the earth's origins and inner workings. nepal, two teams of elephants and riders facing off in soccer match at national park. [screaming] >> it's part of elephant festival. three day event to raise awareness of conservation efforts. that's a fox trip around the world in 80 seconds. >> harris: a dog plunges into icy river sparking dramatic mission. >> my wife called the 911, and we got the rescue there and my cousins, lance eicker pulling the cog date posed a major challenge. coming up, the fight for survival and how it all ended. droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats
and the woman apologized and thought it was public because it was in the news feed. >>> in china the world's longest high-speed railway opens. it's just under 1500 miles. it slashing the time between the two stories from 22 hours to it 8. the tickets starting at $138 are a little pricey for some, and many travelers say it's still cheaper and faster to fly.
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